The value of stand-alone cyber insurance premiums stood at nearly five billion U.S. dollars in 2023. This segment experienced rapid growth in 2022 when premiums amounted to 5.1 billion U.S. dollars, up from 3.1 billion U.S. dollars in the previous year. The average cost of a data breach varies across industries, though the healthcare and financial sectors have suffered the most expensive data breaches on average.
Total value of cyber insurance direct written premiums in the United States between 2015 and 2023, by type
(in million U.S. dollars)
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Fitch Ratings. (April 16, 2024). Total value of cyber insurance direct written premiums in the United States between 2015 and 2023, by type (in million U.S. dollars) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1184805/value-cyber-insurance-premiums-written-type-us/
Fitch Ratings. "Total value of cyber insurance direct written premiums in the United States between 2015 and 2023, by type (in million U.S. dollars)." Chart. April 16, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1184805/value-cyber-insurance-premiums-written-type-us/
Fitch Ratings. (2024). Total value of cyber insurance direct written premiums in the United States between 2015 and 2023, by type (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1184805/value-cyber-insurance-premiums-written-type-us/
Fitch Ratings. "Total Value of Cyber Insurance Direct Written Premiums in The United States between 2015 and 2023, by Type (in Million U.S. Dollars)." Statista, Statista Inc., 16 Apr 2024, https://www.statista.com/statistics/1184805/value-cyber-insurance-premiums-written-type-us/
Fitch Ratings, Total value of cyber insurance direct written premiums in the United States between 2015 and 2023, by type (in million U.S. dollars) Statista, https://www.statista.com/statistics/1184805/value-cyber-insurance-premiums-written-type-us/ (last visited December 19, 2024)
Total value of cyber insurance direct written premiums in the United States between 2015 and 2023, by type (in million U.S. dollars) [Graph], Fitch Ratings, April 16, 2024. [Online]. Available: https://www.statista.com/statistics/1184805/value-cyber-insurance-premiums-written-type-us/
